President Joe Biden highlighted the detrimental impact of xenophobia on economic growth during a Washington fundraising event for his 2024 re-election campaign, coinciding with the beginning of Asian American, Native Hawaiian, and Pacific Islander Heritage Month.
Biden emphasized the significance of immigration in driving economic prosperity, contrasting the United States’ welcoming approach with the restrictive policies of countries like China, Japan, and India.
Biden’s remarks came amidst concerns over slowing economic growth in these nations, as forecasted by the International Monetary Fund.
While the IMF projected varied growth rates, ranging from 0.9% in Japan to 6.8% in India, the United States is expected to experience a 2.7% growth rate, attributed in part to the contributions of immigrants to the labor force.
The President’s advocacy for immigration aligns with his condemnation of anti-immigrant rhetoric, particularly evident during the 2024 presidential election campaign.
Biden has actively pursued diplomatic and economic relations with countries like Japan and India to counter global competitors such as China and Russia.
The issue of irregular migration has emerged as a significant concern among U.S. voters, shaping the discourse leading up to the upcoming presidential election.
Biden’s stance emphasizes the role of immigration not only in driving economic growth but also in fostering social cohesion and global competitiveness.
